What Is Processed Cheese? What Are the Typical Ingredients That

question 13

Essay

What is processed cheese? What are the typical ingredients that go into it? How is it manufactured? For each of the following cheeses, describe the culinary quality characteristics and its specific uses: processed (process) cheese, cold-pack cheese, process cheese food, process cheese spread, and imitation cheese.

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Definitions:

Monopsonist

An economic situation where there is only one buyer in the market, giving the buyer substantial power over prices and terms with suppliers.

Purely Competitive

A market structure characterized by many buyers and sellers, all of whom have little to no influence on the market price of goods and services.

Marginal Resource Cost

The additional cost incurred by a firm or economy for utilizing one more unit of a resource, used in making efficient production and resource allocation decisions.